35 docs tagged with "Accounting"

Find quick answers to common accounting questions in Fiskl covering chart of accounts, transactions, reconciliation, and reporting.

The AI & Automations section of Fiskl Settings: the AI profile, the switches for what runs on each bank transaction, and the full list of your rules.

How Fi flags duplicates, misclassified entries, tax errors and fraud-risk patterns across your ledger, explains each finding, and helps you correct it.

See who changed what across your books and what happened to every email you sent. Review record history, filter changes, and check email delivery in Fiskl.

Reconcile a bank or cash account in Fiskl: start the period, upload your statement, work through Needs Attention and reconcile when everything matches.

Match vendor bills to goods receipts in Fiskl and understand purchase price variance — why it happens, how it is calculated, and how tax affects the figure.

Where categorisation rules live in Fiskl, what a rule gives you that the AI cannot, how to create one from the transactions list, and how rules are suggested.

Select uncategorised bank transactions in Fiskl and categorise them now using your rules, your history and optionally the AI. Review and accept AI proposals.

Recognise revenue you have been paid for in advance over the periods you earn it, with automated schedules in Fiskl. Also known as revenue recognition or unearned income.

How Fiskl stops the same transaction entering your books twice: duplicate uploads are rejected, bank feeds reconnect cleanly, and Fi flags duplicates.

The day-to-day auto-categorisation workflow in Fiskl: review what the automation did, finish a merchant in bulk, and create its rule in one step.

Register fixed assets, automate depreciation, and dispose of assets in Fiskl. Learn why disposal proceeds use the Undeposited Funds account and how to match the bank payment.

Use the General Ledger report in Fiskl to view, group, and export all financial transactions with full multi-currency detail.

What each reconciliation difference in Fiskl means, from missing and duplicate transactions to amount errors, and how to fix it from the Needs Attention list.

How Fiskl's AI categorises bank transactions: proprietary decision models, rules learned from your decisions, calibrated confidence, and a full audit trail.

How Fiskl reconciliation works: statement lines are matched to transactions, whatever is left is labelled with its fix, and changed matches are flagged.

Learn the two ways to record a business expense in Fiskl — upload or create it in AI Expenses, or categorise the bank transaction directly.

Track stock quantities and costs in Fiskl. Learn how purchase orders, goods receipts, bills and invoices move stock and post to your ledger automatically.

Run the Stock Valuation and Purchase Price Variance reports in Fiskl, reconcile stock value to your balance sheet, and fix postings made outside the ledger.

Learn how the locked period in Fiskl closes your accounts up to a set date, what it prevents, and why matching transactions into a locked period still works.

Learn how to match bank transactions to invoices and expenses, and split transactions across multiple accounts in Fiskl.

Learn how to move transactions between ledger accounts in Fiskl to correct mis-categorizations and keep your financial records accurate.

Spread a prepaid expense over the periods it covers with automated amortisation schedules in Fiskl. Also known as prepaid expenses or deferred charges.

Learn how to generate and analyze the Profit and Loss report in Fiskl to track revenue, expenses, and net profit over any time period.

Raise purchase orders and record goods receipts in Fiskl. Learn how landed cost is calculated and what GRNI means on your balance sheet in the meantime.

Generate comprehensive reconciliation reports in Fiskl to maintain detailed audit trails and review reconciliation history.

Repair a bank reconnect that created a second ledger account: keep one account, bring the feed and history together, and never disconnect the bank to fix it.

Learn how to create manual journal entries in Fiskl to record cash purchases, future payments, and other transactions not captured automatically.

Post the same journal entry every period on a set frequency in Fiskl. Also known as recurring journals or standing journal entries — ideal for rent, retainers, and subscriptions.

Automate journal entries in Fiskl with schedules for fixed assets, prepayments, deferred revenue, and recurring entries — each posted for you on a set cadence.

Set your inventory valuation method and negative stock policy in Fiskl, and learn the system accounts Fiskl uses to post every stock movement for you.

Correct stock quantities in Fiskl with adjustments and stock counts, record client returns, add opening stock, and understand what happens when you oversell.

Set up tax agencies, tax rates, and tax groups in Fiskl. Manage VAT, GST, and compound taxes across multiple jurisdictions, currencies, and filing periods.

Learn how journal entries work in Fiskl, how transactions are recorded automatically, and when to create or edit them manually.

Learn how Fiskl tracks Accounts Receivable for invoices and manual transactions, including partial payments and multi-currency splits.